Westpac

Westpac bans transfers to world’s largest crypto exchange Binance
Bank customers can no longer make payments to the cryptocurrency exchange, in a move to reduce scams
Josh Taylor
18, May, 2023 @7:19 AM

Australia needs a new plan to keep rural banks open before they all get turned into cafes | Gabrielle Chan
Financial services are essential to keeping regional areas alive but continuing bank closures are putting communities at risk
Gabrielle Chan
21, Feb, 2023 @2:54 AM

Australia’s banks likely to reduce lending to regions and sectors at risk of climate change impacts, regulator says
Apra finds country’s banks may be more vulnerable to economic downturns as they face threefold increase in lending losses
Adam Morton Climate and environment editor
30, Nov, 2022 @8:27 AM

Australian banks hit with payment transfer outage as RBA blames technical error
Reserve bank says system is back up and running on Thursday, and they are working to clear the backlog
Australian Associated Press and Josh Taylor
13, Oct, 2022 @2:52 AM

Westpac’s climate targets blasted by activists despite tougher stance on fossil fuels
Bank tightens rules on financing coal, oil and gas projects but environmental groups say it’s not enough
Ben Butler
27, Jul, 2022 @4:20 AM

Working from home: major Australian employers respond to latest Covid health advice
Telstra and Westpac advise staff to work from home if possible while government departments are yet to shift work settings
Josh Butler and Rafqa Touma
20, Jul, 2022 @8:36 AM

Consumer confidence plunges to worst level since peak of pandemic, Westpac survey shows
Experts say stretched businesses could face further pain as people cut spending and award wages rise
Ben Butler
15, Jun, 2022 @7:33 AM

Westpac fined $40m for charging fees to the dead
Judge says bank ‘utterly failed to address the issues systematically’ as its total penalties for misconduct rise to $130m
Ben Butler
22, Apr, 2022 @6:13 AM

Westpac admits it broke law and agrees to pay $113m in penalties
Asic hit bank with six lawsuits over shoddy treatment of customers – including charging fees to dead people
Ben Butler
30, Nov, 2021 @12:17 AM

Asic accuses Westpac of insider trading over $12bn Ausgrid privatisation deal
Corporate regulator alleges the big bank used inside information to execute the largest interest rate swap in Australian history
Ben Butler
05, May, 2021 @7:05 AM

Under the cover of Covid, Morrison wants to scrap my government's predatory lending protections | Kevin Rudd
The PM wants to repeal laws my government introduced to protect Australians – and the banks are popping champagne corks
Kevin Rudd
05, Oct, 2020 @3:16 AM

Westpac to pay record $1.3bn fine after money laundering and child exploitation investigation
Australian bank is accused of breaching laws more than 23m times including allowing customer transfers consistent with child exploitation
Ben Butler
23, Sep, 2020 @10:35 PM
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